US consumer spending falls in September

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US consumer spending falls in September

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10-31-2009, 02:52 AM

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US consumer spending falls in September

The Government’s Car Allowance Rebate System (CARS), branded the “cash for clunkers” scheme, is believed to have contributed to the fall in US consumer spending, which fell for the first time in five months in September, and was the largest decline since December.According to the US Commerce Department, spending fell 0.5% in the month, compared [...]

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